Mayberry Investments Ltd. – Honey Bun (1982) IPO Closed

 

NEWS RELEASE

 

FOR:   IMMEDATE RELEASE

 

FOR:   MAYBERRY INVESTMENTS LIMITED (MIL)

                                                                                                        

                                                                                                         May 11, 2011

 

Kingston:  Mayberry Investments Limited (MIL) lead broker in the proposed admission of Honey Bun (1982) to the Junior Market of the Jamaica Stock Exchange is advising the public that the offer has closed as at 9:01 am this morning.

 

Applications have been received in excess of the amount on offer of $50.79 million.  Investors applied for in excess of $200 million worth of the stock.  Mayberry Investments will advise of the allocation by May 12, 2011.

 

Started some 28 years ago by Herbert and Michelle Chong, Honey Bun, a limited liability company, makes and wholesales a range of donuts, snack cakes, buns, raisin bread, cinnamon rolls and cheese bread for the local and export markets.

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CONTACT:  Dennise Williams                       TEL:  564-2493  E-mail: dennise.williams@mayberryinv.com